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CHILE: Economist Survey Median Still Expecting July Rate Cut

CHILE
  • "CHILE ANALYSTS SEE KEY RATE AT 5.50% THIS MONTH: SURVEY"
  • "CHILE ANALYSTS SEE KEY RATE AT 5.50% IN SEPTEMBER"
  • "CHILE ANALYSTS SEE KEY RATE AT 5.25% IN DECEMBER" (BBG)
  • Slightly at odds with the BCCh Traders survey that predicts a rate hold at the July 31 meeting. However, we noted yesterday that this was the view of 54% of respondents, and a notable share is still expecting a 25bps cut (46% of the respondents), taking the policy rate to 5.5%.
  • Both surveys are predicting the year-end rate at 5.25%.
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  • "CHILE ANALYSTS SEE KEY RATE AT 5.50% THIS MONTH: SURVEY"
  • "CHILE ANALYSTS SEE KEY RATE AT 5.50% IN SEPTEMBER"
  • "CHILE ANALYSTS SEE KEY RATE AT 5.25% IN DECEMBER" (BBG)
  • Slightly at odds with the BCCh Traders survey that predicts a rate hold at the July 31 meeting. However, we noted yesterday that this was the view of 54% of respondents, and a notable share is still expecting a 25bps cut (46% of the respondents), taking the policy rate to 5.5%.
  • Both surveys are predicting the year-end rate at 5.25%.